22 August 2024
Foreign parties and litigation costs
In the Netherlands, we have the litigation costs order. If a lawsuit is lost, that party can be ordered to pay the legal costs.
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If someone has suffered damages caused by someone else, the party who suffered the damages may want compensation.
The person who caused the damages must then first be held liable, whether this is a manufacturer, contractor, driver or other.
In practice, the parties consult a lawyer, solicitor or insurer who approaches the case from a legal standpoint. The party who has suffered the damages provides support for the claim and the party claiming damages may seek legal defence. The parties may start proceedings. This may not always be desirable. The costs could exceed the possible benefits.
GMW lawyers can advise you on the best course of action. We can discuss the possibilities of a settlement as well as examining the opportunities and costs of proceedings.
A good settlement can sometimes deal with a claim for damages quickly and efficiently, ensuring a solution which does justice to the positions of both the parties involved, and if possible, maintains the relationship. Commercial, strategic and practical considerations may also play an important role.
At the same time you need to prepare for legal proceedings. After all, it is not always possible to achieve a settlement. In that case, proceedings are the only solution.
GMW lawyers has experienced, keen and creative lawyers in the field of damages and injury, unlawful acts, breach of contract, class actions and directors’ liability. They will try to reach a settlement or carry out the proceedings on your behalf.
GMW lawyers will be happy to help you with all your company and business litigation issues. If you have any questions, please contact us directly using the enquiry form below or +31 (0)70 3615048. Our company law lawyers will be glad to support and advise you.
GMW lawyers will be happy to help you with all your company law issues and business disputes. Do you have a question? Feel free to contact us.
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22 August 2024
Foreign parties and litigation costs
In the Netherlands, we have the litigation costs order. If a lawsuit is lost, that party can be ordered to pay the legal costs.
Read more
10 July 2024
Directors’ liability: ‘de facto director’
Dutch companies such as B.V.'s have their own legal personality and independently carry their rights and obligations. Directors can only be held personally liable for the debts of a B.V. under special circumstances.
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9 April 2024
Trust office foundations in the Netherlands
The phenomenon of converting shares into depository receipts for shares will raise many questions for the average entrepreneur. In this blog you will read the basic principles and some advantages and disadvantages of trust office foundations (Stichting Administratiekantoor or STAK) under Dutch law.
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5 March 2024
Buyout of minority shareholders
The advantages, requirements and bottlenecks of the forced buyout of the last 5%, the minority shareholders.
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21 June 2023
Private or commercial suretyship?
A lender will almost always require security when providing loans. This not only includes collateral security, such as pledges and mortgage rights, but also personal security.
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1 February 2023
Will the Baby BV evolve?
A Baby BV is a tax structure where parents set up a limited liability company. Upon incorporation of the Baby BV, their minor children are issued with shares.
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22 August 2022
Compensation for a loss in value of shares
Reduction in the value of my shares: am I entitled to compensation?
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11 July 2022
Seizure of digital assets
Read more about the seizure of digital assets below.
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6 June 2022
Liquidation by arrangement
What is liquidation by arrangement?
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